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The provision of collective goods through a social division of labour

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  • Gilles, Robert P.
  • Pesce, Marialaura
  • Diamantaras, Dimitrios

Abstract

We develop a general equilibrium framework in which a wide range of collective economic configurations are provided through specialised professionals as part of an endogenously emerging social division of labour. We extend the theory of value to this setting bringing together a model of an economy with collective goods with the model of a private-goods market economy with an endogenously emerging social division of labour. Natural applications are the presence of non-tradables in production, the effects of education on productive abilities, and the market system itself as an implementation of the price mechanism.

Suggested Citation

  • Gilles, Robert P. & Pesce, Marialaura & Diamantaras, Dimitrios, 2020. "The provision of collective goods through a social division of labour," Journal of Economic Behavior & Organization, Elsevier, vol. 178(C), pages 287-312.
  • Handle: RePEc:eee:jeborg:v:178:y:2020:i:c:p:287-312
    DOI: 10.1016/j.jebo.2020.07.016
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    Cited by:

    1. Achille Basile & Robert P. Gilles & Maria Gabriella Graziano & Marialaura Pesce, 2021. "The Core of economies with collective goods and a social division of labour," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(3), pages 1085-1119, April.
    2. Robert P. Gilles & Lina Mallozzi & Roberta Messalli, 2021. "Emergent Collaboration in Social Purpose Games," Papers 2109.08471, arXiv.org.
    3. Robert P. Gilles & Lina Mallozzi & Roberta Messalli, 2023. "Emergent Collaboration in Social Purpose Games," Dynamic Games and Applications, Springer, vol. 13(2), pages 566-588, June.

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    More about this item

    Keywords

    Social division of labour; Consumer-producer; Collective goods; Pareto optimality; Valuation equilibrium; The welfare theorems;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies

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